Sunday, 3 July, 2022
TopicAdani Mining Pty

Topic: Adani Mining Pty

Why SBI is dragging its feet on lending $1 billion to Adani’s Australian coal mine project

SBI drafted in-principle agreement with Adani in 2014 for $1bn facility & brought in several banks for funding as part of consortium. The plan has had several iterations since then.

The economics of Adani’s Australian coal mine project just doesn’t add up

Adani will lose around $220 million a year if the Carmichael coal project goes through. Which raises the question, why is everyone adamant that it goes ahead?

On Camera

YourTurn

Representational image of a protest against rise in prices of fuel and LPG, in Kolkata | ANI

You thought inflation’s high in India? Data shows at least 100 countries doing worse

Lebanon faces worst inflation rate in the world, followed by Zimbabwe and Sudan, according to 'Trading Economics', which sources data from governments.

Defence

The Sikorsky S-76D chopper | Credit: Twitter/@PawanHansLtd

Pawan Hans chopper crash not an anomaly, doesn’t bode well for govt-owned firm’s disinvestment

Crash that killed 4 one of several Pawan Hans chopper accidents in last few decades. These incidents, coupled with losses, operational issues & legal hurdles, may delay disinvestment.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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